distress among consumers amid the holy month of Ramazan. The sharp increase comes as demand spikes, further burdening households already grappling with high inflation.
According to market sources, sugar prices have witnessed a rapid surge from Rs140/kg to Rs180/kg within just a few weeks, with reports of shortages in several cities. Wholesalers and retailers attribute the hike to hoarding, supply chain disruptions, and increased demand during Ramazan, a period when sugar consumption traditionally rises due to preparations for iftar and sehri meals.
Consumers have voiced frustration over the price hike, urging the government to take immediate action against hoarders and profiteers. Meanwhile, industry experts warn that if corrective measures are not taken soon, prices may climb even higher in the coming days.
The government has assured that steps are being taken to stabilize sugar prices, including a crackdown on hoarders and ensuring adequate supply in the market. However, citizens remain skeptical, citing similar price hikes in previous years despite government interventions.
The sudden surge in sugar prices is part of a broader inflation crisis in Pakistan, with essential commodities becoming increasingly expensive, adding to the financial strain on the masses.
